Senator Questions FCC’s Decision on Controversial Radio Station Purchase

Microphone in studio with "On Air" sign.

Senator John Kennedy raises alarm over the FCC’s swift approval of George Soros’ acquisition of over 200 radio stations, sparking concerns about media influence and political motivations.

Quick Takes

  • FCC expedited approval of Soros’ $400 million investment in Audacy, acquiring over 200 radio stations
  • Senator Kennedy and FCC Commissioner Brendan Carr criticize lack of transparency in approval process
  • Concerns raised about Soros’ potential influence on American media and politics
  • Congressional Republicans vow to investigate the deal’s approval
  • New FCC Chairman Brendan Carr expected to review the transaction

FCC’s Rapid Approval Raises Eyebrows

In a move that has drawn significant attention, the Federal Communications Commission (FCC) swiftly approved George Soros’ acquisition of over 200 radio stations tied to Audacy, a major radio station owner. The deal, involving a $400 million investment by Soros in February 2024, came after Audacy filed for bankruptcy. The speed of the approval process has raised concerns among several lawmakers, most notably Senator John Kennedy.

Senator Kennedy, known for his colorful language, described the approval process as going through the FCC “like green grass through a goose.” This vivid metaphor underscores the unusually rapid nature of the transaction’s approval, which has led to questions about potential irregularities in the process.

Criticism from Within the FCC

The concerns aren’t limited to external observers. FCC Commissioner Brendan Carr has been vocal in his criticism of the approval process, suggesting that standard procedures were not followed. Carr’s comments highlight a potential lack of transparency and due diligence in the FCC’s handling of the deal.

“The FCC is not following its normal process for reviewing transactions that it has established over a number of years. It seems to me the FCC is poised, for the first time, to create an entirely new shortcut,” said Carr.

Carr’s statement suggests that the FCC may have deviated from its established protocols, potentially creating a precedent for future transactions. This departure from norm has raised questions about the motivation behind such an expedited process.

“The Democrats in FCC leadership cut a secret, backroom deal – one that kept the Republican FCC Commissioners and perhaps others completely in the dark – and then hustled it out the door on a Friday afternoon,” Carr reportedly told the New York Post.

Soros’ Media Influence and Political Concerns

The acquisition of these radio stations by Soros has sparked a wider conversation about media ownership and political influence. Soros, known for financing various progressive causes, has a history of investing in media outlets. This latest move is seen by some as part of a broader strategy to shape public opinion and influence American politics.

Critics argue that such concentrated media ownership could potentially limit diverse viewpoints and skew public discourse. The deal’s approval, which came through a 3-2 party-line vote at the FCC, has only intensified these concerns, with congressional Republicans vowing to investigate the matter further.

Calls for Review and Transparency

In light of these concerns, there are growing calls for a thorough review of the transaction. Senator Kennedy has urged the newly installed FCC Chair, Brendan Carr, to scrutinize the deal’s approval process. The focus is on ensuring transparency and maintaining the integrity of media ownership regulations.

As the situation unfolds, many are watching closely to see how the FCC under Carr’s leadership will address these concerns. The outcome of this review could have significant implications for future media acquisitions and the broader landscape of American broadcasting.